XAU/USD Wait for it ..
What we can notice with gold is that it is stuck between 2 areas. Either from 1927 to 1970, we can't know where the gold will go until it breaks and closes the price below 1927, or if it takes a long and closes above 1970, then the picture will be much clearer. The target if it breaks down will be 1800 area, and if it goes up it will be (at least the first target 2060)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.